§ 79. World Trade Center memorial foundation fund.
1.There is hereby\nestablished in the sole custody of the commissioner of taxation and\nfinance a special fund to be known as the "World Trade Center memorial\nfoundation fund". Monies in the fund shall be kept separate from and not\ncommingled with other funds held in the sole custody of the commissioner\nof taxation and finance.\n 2. Such fund shall consist of all revenues received by the department\nof taxation and finance pursuant to the provisions of sections two\nhundred nine-F and six hundred thirty-a of the tax law and all other\nmoney appropriated, credited, or transferred thereto from any other fund\nor source pursuant to law. Nothing contained herein shall prevent the\nstate from receiving grants, gifts or bequests for the p
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§ 79. World Trade Center memorial foundation fund. 1. There is hereby\nestablished in the sole custody of the commissioner of taxation and\nfinance a special fund to be known as the "World Trade Center memorial\nfoundation fund". Monies in the fund shall be kept separate from and not\ncommingled with other funds held in the sole custody of the commissioner\nof taxation and finance.\n 2. Such fund shall consist of all revenues received by the department\nof taxation and finance pursuant to the provisions of sections two\nhundred nine-F and six hundred thirty-a of the tax law and all other\nmoney appropriated, credited, or transferred thereto from any other fund\nor source pursuant to law. Nothing contained herein shall prevent the\nstate from receiving grants, gifts or bequests for the purposes of the\nfund as defined in this section and depositing them into the fund\naccording to law.\n 2-a. On or before the first day of February each year, the chairman of\nthe board of directors of the World Trade Center memorial foundation\nshall provide a written report to the temporary president of the senate,\nspeaker of the assembly, chair of the senate finance committee, chair of\nthe assembly ways and means committee, the state comptroller and the\npublic. Such report shall include how the monies of the fund were\nutilized during the preceding calendar year, and shall include:\n (i) the amount of money dispersed from the fund and the award process\nused for such disbursements;\n (ii) recipients of awards from the fund;\n (iii) the amount awarded to each;\n (iv) the purposes for which such awards were granted; and\n (v) a summary financial plan for such monies which shall include\nestimates of all receipts and all disbursements for the current and\nsucceeding fiscal years, along with the actual results from the prior\nfiscal year.\n 3. Monies of the fund shall be expended only for costs associated with\nthe construction, installation and operation of the World Trade Center\nmemorial. Monies shall be payable from the fund by the commissioner of\ntaxation and finance on vouchers approved by the chairman of the board\nof directors of the World Trade Center memorial foundation.\n